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AUD/USD

  • #96,221
  • Apr 4, 2016 6:54pm Apr 4, 2016 6:54pm
hello, let me take a guess of aussie.

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I ignore fools
  • #96,222
  • Edited 8:25pm Apr 4, 2016 7:54pm | Edited 8:25pm
Long through stop run @ 0.7591
Looking for a push back above 76
Ready for cash rate trade balance 11:30
Tight stops
25p trailing
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  • #96,223
  • Apr 4, 2016 7:56pm Apr 4, 2016 7:56pm
Quoting RBlackburn
Long through stop run @ 0.7591 Looking for a push back above 76 Ready for cash rate 11:30 Tight stops 25p trailing {image}
Stops below S1 pivot @ 0.7575
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  • #96,224
  • Apr 4, 2016 8:03pm Apr 4, 2016 8:03pm
Quoting RBlackburn
Long through stop run @ 0.7591 Looking for a push back above 76 Ready for cash rate 11:30 Tight stops 25p trailing {image}
You're going to be disappointed - it's trade balance at 11:30, cash rate this arvo
Hope for the best, prepare for the worst.
  • #96,225
  • Apr 4, 2016 8:16pm Apr 4, 2016 8:16pm
http://www.abc.net.au/7.30/content/2015/s4437050.htm

Trouble in paradise is not far away
  • #96,226
  • Apr 4, 2016 8:18pm Apr 4, 2016 8:18pm
Quoting lasty
http://www.abc.net.au/7.30/content/2015/s4437050.htm Trouble in paradise is not far away
the reality is that with QEs going on DAX and Nikkei cannot be pumped up any more they are going to tank. The global stock market is going to tank. The bubble is going to burst.
I ignore fools
  • #96,227
  • Apr 4, 2016 8:22pm Apr 4, 2016 8:22pm
Quoting dab
{quote} You're going to be disappointed - it's trade balance at 11:30, cash rate this arvo
Woops, yeah not enough coffee this morning.
Thanks dab
  • #96,228
  • Apr 4, 2016 8:59pm Apr 4, 2016 8:59pm
Still long - price running into support
I've drawn some up arrows to help my trade
That's how it works , right?
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  • #96,229
  • Apr 4, 2016 9:00pm Apr 4, 2016 9:00pm
What a surprise .. another crap number from the Australian economy .. Balance of trade

Whats even worse is that the latest poll in this election year had the Left ( Labor) overtaking the Right (LNP). 51-49 Unions cant wait to disrupt the fragile economy.

This is despite the LNP knifing an elected PM for a popularity puppet who so far has delivered nothing but rhetoric.

Luckily we have Global warming that's keeping the sun shining in the middle of autumn for a pleasant 27 deg celcius..

We await the RBA 2.30pm rate announcement
  • #96,230
  • Apr 4, 2016 9:11pm Apr 4, 2016 9:11pm
Anybody get short on this candle - with stops above?
If so please let me know i'd appreciate it
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  • #96,231
  • Apr 4, 2016 9:13pm Apr 4, 2016 9:13pm
Quoting RBlackburn
Still long - price running into support I've drawn some up arrows to help my trade That's how it works , right? {image}
No, if you want price to go up the only sure fire strategy is to close your long in loss.
Hope for the best, prepare for the worst.
  • #96,232
  • Apr 4, 2016 9:18pm Apr 4, 2016 9:18pm
Quoting dab
{quote} No, if you want price to go up the only sure fire strategy is to close your long in loss.
Hahaha so true
  • #96,233
  • Apr 4, 2016 9:19pm Apr 4, 2016 9:19pm
Quoting RBlackburn
Anybody get short on this candle - with stops above? If so please let me know i'd appreciate it {image}
Sorry, I don't trade that short term.

I'm one of those silly buggers who was shorting at 7721 (sadly already closed for medium profit), 7714, 7702 etc (sadly all closed with best profit on 7702).

and in the interest of full disclosure was also shorting all the way up from 7209 and whilst I was able to close some of those on the way up in profit I've got some still open (but that's okay too because I use money management and have a plan).
Hope for the best, prepare for the worst.
  • #96,234
  • Apr 4, 2016 9:39pm Apr 4, 2016 9:39pm
Quoting dab
{quote} Sorry, I don't trade that short term. I'm one of those silly buggers who was shorting at 7721 (sadly already closed for medium profit), 7714, 7702 etc (sadly all closed with best profit on 7702). and in the interest of full disclosure was also shorting all the way up from 7209 and whilst I was able to close some of those on the way up in profit I've got some still open (but that's okay too because I use money management and have a plan).
Ive been shorting all the way up also my lowest is .74900 thats still open. MM is the key.
20 Pips a day keeps centerlink away
  • #96,235
  • Apr 4, 2016 9:55pm Apr 4, 2016 9:55pm
Quoting dab
{quote} Sorry, I don't trade that short term. I'm one of those silly buggers who was shorting at 7721 (sadly already closed for medium profit), 7714, 7702 etc (sadly all closed with best profit on 7702). and in the interest of full disclosure was also shorting all the way up from 7209 and whilst I was able to close some of those on the way up in profit I've got some still open (but that's okay too because I use money management and have a plan).
That's cool. Was just wondering because that's where i'm buying stops..
Good luck
  • #96,236
  • Apr 4, 2016 10:18pm Apr 4, 2016 10:18pm
There's some shorts trapped in here (green)
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  • #96,237
  • Apr 4, 2016 10:19pm Apr 4, 2016 10:19pm
See there it is again
ILLUMINATI CONFIRMED
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  • #96,238
  • Apr 4, 2016 10:53pm Apr 4, 2016 10:53pm
Quoting RBlackburn
Still long - price running into support I've drawn some up arrows to help my trade That's how it works , right? {image}
You may be better off turning your monitor upside down
  • #96,239
  • Apr 4, 2016 11:02pm Apr 4, 2016 11:02pm
Quoting digger1
{quote} You may be better off turning your monitor upside down
Haha, thanks for the tip!
  • #96,240
  • Apr 4, 2016 11:04pm Apr 4, 2016 11:04pm
Quoting PaulDaemon
{quote} Ive been shorting all the way up also my lowest is .74900 thats still open. MM is the key.

hmmm.......... i remember you mentioned your lowest short is .070200 which is already on 600 pips drawdown.


Quoting PaulDaemon
Quoting 10cents
{quote} I have read many wrote about shorting AU in February, with target sub 0.7xxxx....... and it just went bam! up 500 pips Lol. Those bears simply got flipped out. If the bears have any legs then i believe 0.74 needs to be given a test.
Its a pullback on the Monthly but yes alot of traders got caught including myself. I have a few friends that are holding shorts as low as .69 My lowest short is at .70200 but its no problem I dont trade in high lot sizes and my DD is quite small. 4H has broken channel and appears
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